As many as 87% of the students at RUN get some sort of financial aid, and the total amount of assistance/loans provided is more than $33,299,901 in a year. For additional information about financial assistance schemes, one can head over to RUN’s financial aid page at https://financialaid.rutgers.edu/. At RUN, the total percentage of applicants who receive the Federal Grant stands at 61%. In comparison, 74% of the students are awarded the Student Grant, 35% get the Institution Grant, and 61% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,523, while the same comes to $8,340 for State Grant receivers and $6,041 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,930. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Rutgers University-Newark, the percentage of candidates who opt to avail of student loans is around 47%.